NOT LISTED FOR SALE

403 Clark St Jerome, AZ 86331

Estimated Value: $3,054,076

Studio
-- Bath
21,849 Sq Ft
$140/Sq Ft Est. Value

Sale Details

Date Sold: September 4, 2025

Last sale price $3,000,000 $137 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $19,873 / mo

122 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Forced Air Heating System
  • Clarkdale-Jerome Elementary School Rated A-
  • Landscaped
  • Ceiling Fan

About This Home

As of September 2025

Step back in time and own a piece of Jerome history! Perched majestically on the Jerome Hillside, overlooking the stunning Verde Valley, this 107-year-old gem whispers tales of the past. Originally built in 1918 by the UVX Mining Company to house its medical staff, this mixed-use property boasts timeless architecture and a prime location in the heart of Jerome's bustling visitor district. Featuring 21 residential units, 9 commercial spaces, and an adjacent 0.61-acre parking lot (48 spaces), this 21,850 sq ft property offers significant upside potential. Capitalize on the opportunity to increase rents, fill vacancies, and develop the additional lot for even greater income streams. With its captivating history, walkable location, diverse tenant mix, and 315 feet of highway frontage you can

Last Agent to Sell the Property

Matthew Fish

Arizona Commercial License #BR626105000 Listed on: 05/02/2025

Last Buyer's Agent

Matthew Fish

Arizona Commercial License #BR626105000 Listed on: 05/02/2025

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,478

Year Built

  • Built in 1918

Lot Details

  • 1.17 Acre Lot
  • Property fronts a state road
  • Landscaped
  • Additional Parcels

Parking

  • Driveway

Home Design

  • Block Foundation
  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 21,849 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Concrete
  • Tile

Utilities

  • Refrigerated and Evaporative Cooling System
  • Evaporated cooling system
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Underground Utilities
  • Master Meter

Listing and Financial Details

  • Assessor Parcel Number 152

Community Details

Overview

  • No Home Owners Association
  • 30 Units
  • Built by UVX Mining Company

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,478

Year Built

Built in 1918

Lot Details

1.17 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1918
  • Exclusions: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Concrete, Tile
  • Number Of Buildings: 1
  • Owner Pays: Other
  • Stories: 3

Exterior Features

  • Builder Name: UVX Mining Company
  • Exterior Features: Laundry Facilities, Balcony, Storage
  • Roof: Rolled/Hot Mop
  • Lot Features: Landscaped
  • Road Frontage Type: City Street, State Road
  • Road Surface Type: Alley Paved, Asphalt, Concrete, Paved
  • Construction Type: Block, Frame, Stucco
  • Neighborhood: N/A

Utilities

  • Cooling: Ceiling Fan(s), Evaporative Cooling, Ductless, Room Refrigeration
  • Heating: Baseboard, Electric, Forced - Gas, Natural Gas, Wall Furnace
  • Utilities: Electricity Available, Individual Meter, Master Meters, Natural Gas Available, Phone Available, Underground Utilities, WWT - City Sewer
  • Water Source: Public
  • Water Heater: Electric,Tankless Water Heater,Two or More

Condo/Co-op/Association

  • Association: No
  • Management: Owner

Lot Info

  • Zoning: C1
  • Lot Size Acres: 1.17
  • Lot Size Sq Ft: 50965.2
  • Additional Parcels: Yes
  • Parcel #: 1
  • AssessorsBook: 401
  • AssessorsMap: 6
  • AssessorsParcel: 152
  • AssessorParcelLtr: h
  • AssessmentsFrequency: Annual

Rental Info

  • RentLease: No

Tax Info

  • Year: 2024
  • Tax Annual Amount: 7478
  • Tax Parcel Letter: 401-06-152h

Multi Family

  • Number Of Units Total: 30
  • VacancyRate: 16.00
  • MoreThan5Units: Yes

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/04/2025 09/04/25 Sold $3,000,000 -25.0% $137 / Sq Ft
05/02/2025 05/02/25 For Sale $4,000,000 +135.3% $183 / Sq Ft
07/09/2014 07/09/14 For Sale $1,700,000 +17.2% $78 / Sq Ft
07/03/2014 07/03/14 Sold $1,450,000 -- $66 / Sq Ft View Prior Sale
05/12/2014 05/12/14 Pending -- -- --
Source: Prescott Area Association of REALTORS®

Agents Affiliated with this Home

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Map

Source: Prescott Area Association of REALTORS®

MLS Number: 1072946

Prescott Area Association of REALTORS®

APN: 401-06-152H

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